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-BARSIC- [3]
3 years ago
12

Sheffield Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is

available for Sheffield Corporation's anticipated annual volume of 524,000 units. Per Unit Total Direct materials $ 6 Direct labor $11 Variable manufacturing overhead $17 Fixed manufacturing overhead $3,144,000 Variable selling and administrative expenses $17 Fixed selling and administrative expenses $1,572,000 The company has a desired ROI of 25%. It has invested assets of $31,440,000. Compute the total cost per unit. Total cost per unit $enter the total cost per unit
Business
1 answer:
MrMuchimi3 years ago
4 0

Answer:

Total cost per unit using absorption costing = $34

Explanation:

Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit  

Full cost per unit= Direct material cost + direct labor cost + Variable production overhead + Fixed production overhead

Fixed production overhead = Budgeted overhead/Budgeted production units

unit cost for 2,000 units  

Fixed production overhead = $3,144,000/524,000= 6

Total cost = 6 + 11+ 17 = 34

Total cost per unit using absorption costing = $34

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Dana garcia has a renter's policy with a maximum limit for personal property of $30,000. when her apartment suffered fire damage
ICE Princess25 [194]

Answer:

My Guess would be 50% because it's half of her coverage I hope this helps you

6 0
3 years ago
For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for
Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance  

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

8 0
3 years ago
(a) Echo Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery e
Ierofanga [76]

Answer:

(A)

accumualted depreication equipment 41,000 debit

                          equipment                   41,000 credit

(B)

accumualted depreication equipment 37,200 debit

loss at disposal                                        3,800 debit

                          equipment                   41,000 credit

Explanation:

to retire the equipment itt will write-off their equipment account

if the accumulated depreication matches the book value then there will be no loss at disposal while if lower a loss will be recognized.

(a) 41,000 book value - 41,000 depreciation = 0 no loss

(b) 41,000 - 37,200 = 3,800 loss at disposal

8 0
3 years ago
AfterGlow, a body and bath products manufacturing company, produces around 12,000 bottles of shampoo a day. The production syste
galben [10]

Answer:

A) continuous - flow production

Explanation:

Continuous - flow production -

It is the method , to produce or manufacture any goods or services without any obstruction , is known as  continuous - flow production .

In this case , the goods are processed in continuous motion via same mechanical treatment , or heat treatment or any chemical process .

It is also known as continuous process or a continuous flow process .

Hence , from the question , the example given in the question , is about continuous - flow production .

7 0
4 years ago
It's the end of the accounting period and no electric bill has been received (but expense has been incurred. ; you should record
Sati [7]
You should make note of the fact that no bill was received but you did make the payment. 
8 0
3 years ago
Read 2 more answers
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